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51522683
Managerial Accounting: Creating Value in a Dynamic Business Environment
88% of respondents would recommend this to a friend
Item #:
51522683
TMT 256
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The emphasis of Managerial Accounting, 12th edition is on teaching students to use accounting information to best manage an organization.
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What Stands Out
Comprehensive Insights
Provides in-depth analysis of managerial accounting principles, enhancing decision-making skills necessary for navigating dynamic business environments.
Practical Applications
Illustrates real-world scenarios and case studies, ensuring applicability of concepts to actual business challenges faced by managers.
Updated Content
Includes the latest trends and practices in managerial accounting, equipping readers with modern tools to create value and drive performance.
Product Details
- International Student Edition of Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition
- Textbook only, does not come with online access code
- Emphasis on teaching students to use accounting information to manage an organization
- Each chapter is written around a realistic business or focus company
- Includes coverage of contemporary topics such as activity-based costing and target costing
- Also covers traditional topics like job-order costing, budgeting, and performance evaluation
| Publisher | McGraw-Hill Education |
| Publication date | November 5, 2019 |
| Edition | 12th |
| Language | English |
| Print length | 880 pages |
| ISBN-10 | 1260566390 |
| ISBN-13 | 978-1260566390 |
| Item Weight | 3.51 pounds (1.59 kg) |
| Dimensions | 8.4 x 1.1 x 11 inches (21.3 x 2.8 x 27.9 cm) |
Who Should Buy?
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Business Students
University students studying business or accounting will find this text indispensable for understanding managerial accounting principles.
-
Professionals Seeking Skills
Working professionals looking to enhance their managerial accounting skills will benefit from practical examples and applications.
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Corporate Managers
Managers in corporations can utilize the insights to make informed decisions that drive value in their organizations.
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Casual Learners
Individuals seeking a light introduction to finance will find this text too advanced and detailed for their needs.
Product Description
Managerial Accounting: Creating Value in a Dynamic Business Environment
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Customer Questions & Answers
-
Question:
What is the focus of the Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition?
Answer: The focus of this edition is on the role of managerial accounting in enhancing decision-making and driving value in organizations. The text integrates real-world examples and case studies to demonstrate how managerial accounting aids managers in planning, controlling, and evaluating business performance. This makes it particularly useful for students and professionals looking to apply theoretical concepts to practical scenarios in various industries. -
Question:
Who are the authors of this edition, and what are their credentials?
Answer: The 12th edition is authored by Charles T. Horngren, Srikant M. Datar, and Madhav V. Domska. Charles T. Horngren is widely regarded as a pioneer in managerial accounting, having authored numerous influential texts. Srikant M. Datar and Madhav V. Domska bring extensive academic and practical experience in business and accounting, making the book credible and reliable for learners and practitioners alike. -
Question:
How does this edition address current trends in managerial accounting?
Answer: This edition incorporates contemporary topics such as sustainability, ethical decision-making, and the impact of technology on accounting practices. By doing so, it prepares students for the evolving landscape of business, highlighting how managers can leverage accounting information to make informed strategic choices. Practically, this means students can apply these insights to real-world business challenges they may encounter in their careers. -
Question:
What are the key topics covered in this edition?
Answer: Key topics include cost behavior, budgets, performance measurement, and strategic decision-making. Each chapter systematically builds on the last, providing a comprehensive framework that ties theoretical knowledge to practical application. For example, understanding cost behavior enables managers to create accurate budgets, which is critical for effective financial control in any organization. -
Question:
Is this book suitable for both undergraduate and graduate students?
Answer: Yes, a broad range of learners will find this book beneficial, as it covers fundamental concepts while also delving deeper into advanced topics. The clear explanations and practical applications make it suitable for undergraduate courses, while the sophisticated discussions on topics like variance analysis and pricing strategies cater to graduate-level students. This versatility helps educators in multiple contexts. -
Question:
What learning resources are included in the book?
Answer: Alongside the main text, this edition includes real-world case studies, end-of-chapter exercises, and access to digital resources that enhance learning. These tools support the development of critical skills in data analysis and problem-solving, which are essential for future careers in business. Students benefit from applying knowledge to realistic scenarios, reinforcing their understanding through practice. -
Question:
How does the book help in developing decision-making skills?
Answer: The book emphasizes critical thinking and decision-making through various case studies and practical examples. It provides frameworks for evaluating different courses of action based on financial information. For instance, when faced with budget cuts, readers learn how to analyze financial reports to make informed choices that align with strategic goals, a skill crucial for future roles in management. -
Question:
Can I find supplements or online resources to accompany this textbook?
Answer: Yes, many educational institutions and publishers provide supplementary materials such as study guides, online quizzes, and interactive learning tools. These resources enhance comprehension and retention of accounting concepts, allowing students to engage with the material in diverse ways. This is particularly useful for visual learners who benefit from interactive content. -
Question:
How does this edition differ from previous ones?
Answer: This edition features updated content reflecting current industry standards and practices, new case studies, and enhanced pedagogical features such as learning objectives and chapter summaries. By integrating feedback from educators and business professionals, it addresses the gaps in earlier editions. This continuous improvement ensures relevance in a fast-changing business environment. -
Question:
Where can I buy Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition in Turkmenistan?
Answer: You can purchase Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition on Ubuy. Ubuy offers a reliable shopping experience, a wide selection of books, and accessible shipping options, making it easy for you to acquire this essential resource. Their platform also provides various deals and insights that can enhance your purchasing experience.
Managerial Editorial Review
Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition is a popular textbook for students of accounting or business administration. The book covers a wide range of topics related to managerial accounting, such as cost behavior, budgeting, performance evaluation, and decision-making. The authors provide comprehensive explanations, numerous examples, and practical applications to help readers understand and apply the concepts. However, some customers have expressed dissatisfaction with the product. They have reported that the Connect Card, which is a digital supplement to the book, was missing. Moreover, some claimed that the book was not in brand new condition, with bent covers or other signs of wear and tear. Additionally, some customers have mentioned that the book came loose in the box, indicating poor packaging. Despite these complaints, Managerial Accounting: Creating Value in a Dynamic Business Environment 12th Edition remains a valuable resource for students who want to gain a thorough understanding of managerial accounting.
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Pros
- Comprehensive coverage of managerial accounting concepts
- Numerous examples and practical applications
- Valuable resource for students studying accounting or business administration
Cons
- Some customers reported missing digital supplements
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TMT 256
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Features & Benefits
- Teaches to use accounting information to manage organizations
- Chapters are written around realistic businesses
- Balanced examples of service, retail, nonprofit and manufacturing companies
- Significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis
- Includes traditional topics such as job-order costing, budgeting, and performance evaluation
- Textbook only, online access code sold separately
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